React Gaming Group - Beyond The Press Release
New API expands Compete.gg’s competitive game offering to a whole new level with the addition of League of Legends to its esports tournament platform
API also provides better gaming experience with new functionalities such as multiplayer game modes and access to full stat profiles
Enhanced product offering in line with Compete.gg’s vision of offering the best gaming experience via its platform and valuable gaming insights through its main social media channels: TikTok, Discord and YouTube
Click here to see interview of Ty Root, CEO of Compete.gg
MONTREAL, July 12, 2022 (GLOBE NEWSWIRE) -- React Gaming Group Inc. (“React Gaming” or the “Corporation”) (TSXV: RGG, OTCMKTS: ITMZF) is pleased to announce that its esports tournament platform, Compete.gg, has been granted access to the Riot Games API, allowing Compete to break into an entirely new realm of competitive esports with multiplayer online battle arena titles such as League of Legends, considered as one of the top-played games in the esports space.
The API is a means to communicate between computer programs and will allow Compete to program its tournament platform to communicate directly with Riot so that League of Legends players, for example, can trust that their data and performance from matches they play on Compete are both accurate and reliable. As a result, Compete will leverage the Riot integration to offer a premium gaming experience by providing player profiles and seamless stats tracking. This next stage in Compete.gg's evolution highlights its user-focused vision and its constant push to improve its products and provides Compete.gg with an opportunity to set the standard for tournament experience in esports.
“Since rebranding Compete.gg last April, Compete.gg has been gaining momentum as an emerging esports tournament platform,” said Ty Root, CEO of Compete.gg. “Contrary to what we see from our peers, we are building a platform and community that are user-focused, meaning that gamers can expect their performance to be tracked accurately, with quick easy payouts and a responsive customer service that cares. Our strategy has allowed us to significantly increase the number of registered users on Compete.gg and followers on our main social media channels, namely TikTok, Discord and YouTube, in a very short period of time. Riot Games’ API will be a great addition to our offering and will allow us to attract more gamers looking for flawless tournament experience.”
“Esports is poised for tremendous growth globally. According to Grand View Research, the global esports market is expected to reach US$12.5 billion by 20301, but we are still at the beginning of this emerging growth,” said Leigh Hughes, CEO of React Gaming. “Compete.gg has achieved a lot in little time with little means and has lots of space to grow. We are convinced that our strategy of putting gamers’ needs first, combined with the addition of leading games such as League of Legends, which currently has an average of 80 million active players2, has the potential to boost Compete’s brand awareness and, ultimately, its number of registered users. This in turn will allow us to monetize this remarkable asset so that we can implement the next phase of our growth strategy.”
Ty Root, CEO of Compete.gg goes "Beyond The Press Release" to discuss today's news. Click on the link to see the interview.
1 Source: Grand View Research Inc. (June 2022)
2 Source: Smurfmania.com (February 9, 2022)
Compete.gg is a leading esports social gaming platform specializing in peer-peer gaming, API-based stat aggregation and social function integration. Compete.gg is the home of free-to-enter tournaments that offer cash prizes, with players’ stats tracking automatically as they play. Visit Compete.gg to find out more.
About React Gaming Group
React Gaming Group (formerly known as Intema Solutions Inc.) (TSXV: RGG) is a publicly traded holding company that stands at the forefront of the esports and iGaming industry. By investing in innovative technologies that enhance tournaments, teams and wagering, we provide our users with gaming platforms that produce non-stop action, exciting outcomes and unparalleled enjoyment. Through the use of intelligent data, we also connect our sponsors to robust communities within the rapidly evolving industry, ensuring maximum engagement and substantial reward. For more information, please visit us at reactgaming.ca and follow us on LinkedIn, Twitter, Instagram and YouTube.
This news release may contain “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. The Corporation's statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of the Corporation's control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Corporation’s activities, including: that the Corporation's assumptions in making forward-looking statements may prove to be incorrect; general adverse market conditions and competition; the inability to finance operations and/or obtain any future strategic investment necessary to implement new technologies; the inability to build a sustainable, conscientious company with a stronger presence online through new products in esports and gaming; the inability to obtain, or maintain, gaming license(s); and that market conditions related to the COVID-19 pandemic may negatively affect the outcome of the business or operations of the Corporation, including its results and financial condition. Except as required by securities law, the Corporation does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.
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REACT GAMING GROUP INC.
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